If you’re starting in the trading world, you’ll find FBS a reliable option thanks to its low fees and wide selection of markets. MetaTrader 4, MetaTrader 5, and the FBS Trader mobile app all support a wide range of trading accounts. New traders can benefit from FBS’s excellent educational resources, market analysis, and customer support. More experienced traders will appreciate the platform’s ability to support their needs with tools like algorithmic trading. Here Traders Union presents you some best international brokers and a short FBS review.
Best International Brokers
Degiro may be a newcomer to the market, having launched in 2008, but they have already earned a solid reputation across Europe. Initially, they catered solely to consumers in the Netherlands, where the company was founded. And yet, in only six years, they were able to reach every corner of the continent. Stocks, prospects, and options are just some of the conventional financial instruments that Degiro focuses on. They do not offer foreign exchange, cryptocurrency, or contracts for difference trading on their platform.
- Interactive Brokers
The brokerage firm Interactive Brokers LLC operates on a global scale. Their main office is in Greenwich, CT, but they also have 25 branch offices in other countries. To date, they have an estimated 607,000 active accounts, making their platform one of the largest in North America. Stocks, prospects, bonds, CFD, and many more investment options are all available through Interactive Brokers. In addition, their low trading fees and lack of a required minimum deposit help make them one of the world’s best brokers for novices.
- Saxo Bank
Saxo Bank is a European institution. Until 1992, when they finally got their banking license, they went by this name. Funny enough, they aren’t a bank at all but rather a pure online brokerage. Despite the fact that they provide a diverse array of products and services. Because of the high volatility in the foreign exchange market, they reduce exposure by providing in-depth analyses and predictions predicated on important market trends.
Special features you can find on FBS
- FBS Fixed Rate
FBS traders in Indonesia and Nigeria have access to a unique feature called the FBS fixed rate. As a result, they can take advantage of a stable 10,000 IDR/$1 USD exchange rate here, protecting them from the ebb and flow of the US dollar.
- FBS VPS Server
For those who meet the requirements of deposit size and trading volume, FBS will provide access to a virtual private server. You can take advantage of this offer to the fullest extent possible by setting up a virtual private server (VPS), which will allow you to use expert advisors (EAs) and trade at all hours of the day and night, supported by a lightning-fast and reliable connection provided by the broker.
- FBS Loyalty Program
To participate in FBS’s loyalty program, you must be subject to IFSC regulations. Trading on FBS will earn you points in the program. Your loyalty status is based on the total quantity of these points, also known as account equity. The accrued points can be redeemed for prizes.
- FBS No Deposit Bonus
To be eligible for the FBS free money offer, you must be in an IFSC member country. You can get up to $100 in real trading money with no deposit. However, there are a number of requirements that must be met before you can withdraw from this account within the last 30 days.
- FBS 100% deposit bonus
Again, this bonus is restricted to IFSC traders only. Your initial deposit will be matched 100% up to a maximum of $100, but you will be unable to cash out the bonus money. But if you meet the requirements, you can cash out any money you make from this bonus.
- FBS Cashback service
To add to the benefits already enjoyed by IFSC traders, FBS offers a cashback service. Each position’s maximum reimbursement is $15 per lot traded, regardless of the position’s outcome. You can activate this perk from your section of the broker’s website.
- FBS Huge Leverage
To gain access to the highest leverage inside the business, you must be located in a country where FBS is regulated IFSC. Depending on the type of account you have, this can range from 500:1 up to 3000:1.